Discussion Board

37 banks and a whopping Rs 1.3 trillion jump in gross NPAs!


Total 12 messages Pages | 1 | 2   Older >
Raghavendra Bhat
mess of the banks' and RBI's making :: urgent need of change
by Raghavendra Bhat on Jun 17, 2018 06:58 AM

The man on the street is bothered about public monies being eaten up by carpetbagging strangers flouting all lien norms. Total strangers who have availed of loans are being given preferences over legitimate tenants who are getting evicted under pretentious notions of public good. The law for most of the time is favoring violators and distancing itself away from people who comply/obey. Policy changes has to happen and laws amended or liberalized. The courts overseeing issues of re-monetization of stressed assets have to be more humane towards tenants and borrowers. Justice has to be served not imposed!

    Forward  |  Report abuse
R  ponnabalam
BANKS WITHOUT RIVERS
by R ponnabalam on Jun 04, 2018 07:26 PM

RBI -- critical of banks for using restructuring schemes to hide the stress.No hiding the stress;it is hiding the cheating by banks.It has been going on for more than 24 yrs and more and RBI conducts as though it was not aware of it ;RBI has been comical not critical. “stress in large assets”What is that stress.What is the unit of that stress.How RBI had been monitoring stress and the extent of stress and mess.All Frauds.Next door Bangladesh went for micro loan and is a success story India talks of STRESS in LARGE ASSETS and declares that it’s RBI guaranteed Currency AssEts had become NON PERFORMING ASSETS.What else Is banks Assets other than it’s currency?Not table and Chairs and office that you give on loan!If Bangladesh is a success story India is ridicule story to get told that the per capita income of SRI LANKA is double than that of India.With this sort of BANKS for which India is unable to find a RIVER to throw all into that river there is no hope for India.R.PONNAMBALAM

    Forward  |  Report abuse
R  ponnabalam
BANKS WITHOUT RIVERS
by R ponnabalam on Jun 04, 2018 07:25 PM

RBI -- critical of banks for using restructuring schemes to hide the stress.No hiding the stress;it is hiding the cheating by banks.It has been going on for more than 24 yrs and more and RBI conducts as though it was not aware of it ;RBI has been comical not critical. “stress in large assets”What is that stress.What is the unit of that stress.How RBI had been monitoring stress and the extent of stress and mess.All Frauds.Next door Bangladesh went for micro loan and is a success story India talks of STRESS in LARGE ASSETS and declares that it’s RBI guaranteed Currency AssEts had become NON PERFORMING ASSETS.What else Is banks Assets other than it’s currency?Not table and Chairs and office that you give on loan!If Bangladesh is a success story India is ridicule story to get told that the per capita income of SRI LANKA is double than that of India.With this sort of BANKS for which India is unable to find a RIVER to throw all into that river there is no hope for India.R.PONNAMBALAM

    Forward  |  Report abuse
susarla suryaprakasam
37 banks and a whopping Rs 1.3 trillion jump in gross NPAs!
by susarla suryaprakasam on Jun 04, 2018 09:32 AM

What is there when Govt. (politicians) is willing to take the risk. They are all QPQ cases, and all these banks are owned by / influenced by Govt. How Air India is surviving. I loot, you loot, centre centre why you give to public? Add to it, the idea floated to give Chairmanship of ICICI Bankto a x-CMD of a failed PSB, A PO promoted to CMD with no modern banking talents.Why not FIIs chose a high calibre International bank executive with 10 times normal salary.

    Forward  |  Report abuse
R  ponnabalam
Punish not the Guilty, Perish everything Right
by R ponnabalam on Jun 03, 2018 09:01 PM

“The general approach of bankers to stress in large assets has been one of avoiding the de jure recognition of non-performance of such accounts.”What is the secret or reason behind it being not so in small Assets? “avoiding the de jure recognition of NPA in appropriate time is a grave dereliction of duty right upto the level of Ministry and Parliament(what were the various parliamentary committees doing.?)and a great national disservice and let down .Proper disciplinary actions should have been taken on these.We intentionally closed eyes and that should have been with benefitting reasons.In India guilt is not punished.so goes INDIA. NO SCOIPE FOR INDIA R.PONNAMBALAM

    Forward  |  Report abuse
R  ponnabalam
Verbose without telling the fact
by R ponnabalam on Jun 03, 2018 07:52 PM

Banks are required to classify NPAs into three categories.What about classifying banks and bankers?The general approach of bankers to stress in large assets is being verbose without telling what is needed to be said.R.Ponnambalam

    Forward  |  Report abuse
R  ponnabalam
Enjoy banks ,Enjoy
by R ponnabalam on Jun 03, 2018 07:47 PM

The general approach of bankers to stress in large assets has been one of avoiding the de jure recognition of non-performance of such accounts..Why such large Assets?India is a democratic socialistic country where wealth distribution has to be for achieving equity in wealth generation and consumption.To how many Indian can banks give Rs.44000 cr or Rs.55000 cr.loan? What is the justification for such loans?Were banks for building Financial Empire of select corporates. Such large asset loans are against the constitutional mandate to achieve equity in wealth generation and distribution .We Indians can be fooled.We Indian are powerless, voiceless beings. Enjoy banks Enjoy , at the Nation’s cost.R.Ponnambalam

    Forward  |  Report abuse
R  ponnabalam
It suited the bankers also to have free ride of ---!!
by R ponnabalam on Jun 03, 2018 07:38 PM

"Prolonging true asset quality recognition suited both bankers and borrowers."But what is tragic is that bankers pretend that they didn’t know that prolonging true asset quality recognition doesn’t suit banking at all.A thief is not a thief unless caught.So we can close the eyes and let the thief enjoy a free rein.Come out with more such lofty words and take the country for a ride .And let bankers enjoy their ride on prosperity which accrues from these Prolonging true asset quality recognition which suited the Bankers also.R.Ponnambalam

    Forward  |  Report abuse
susarla suryaprakasam
37 banks and a whopping Rs 1.3 trillion jump in gross NPAs!
by susarla suryaprakasam on May 31, 2018 12:27 PM

The RBI has been critical of banks for using restructuring schemes to hide the stress.----This was Raghuram Rajan's scheme to evade NPA menace. He should be recalled and castigated.

Besides, the evergreening under agriculture sans political waiver schemes runs into trillion rupees that has not been shown even this time, to enable Modi announce waiver in 2019 for election purpose.

By-the-bye, the rating agencies should be pulled up and fees paid should be recovered in all failed cases. These bogus agencies that came with American prompt, should be made accountable now and immediately.

    Forward  |  Report abuse
khuzema Indori
please list the banks and their NPAs
by khuzema Indori on May 31, 2018 12:08 AM

.
please list the banks and their NPAs
.

    Forward  |  Report abuse
Total 12 messages Pages: | 1 | 2   Older >
Write a message